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Showing 111 - 120 of 259 results for "SWIFT"

Global infrastructure proves profitable: LGIAsuper

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
LGIAsuper has recorded a 14.67% return from its ISQ Infrastructure fund in its latest quarterly figures. The fund is operated by global infrastructure interment manager I Squared Capital (ISQ) and LGIAsuper has invested around $368 million. The relationship ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... an important new phase and have done so sooner than expected," he said. This is because, he notes: "The crisis was met by swift and forceful policy action across the government, including the Coronavirus Aid, Relief, and Economic Security Act (CARES ...

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
... pressing matters to attend to post COVID-19, this is one of them. There's a real danger here if policy change isn't swift and imminent." The survey also found that the economic impact of the pandemic was far greater on prospective retirees (with ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
APRA has delegated some of its enforcement powers to the corporate watchdog, as the two agencies continue their investigations into AUSTRAC's allegations against Westpac. To limit any overlap, the prudential regulator will hand over responsibilities ...

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... amendment as a "betrayal", noting the bill could not be listed as "non-controversial" legislation which would have ensured its swift passage through the Senate. "Labor's last minute changes forced the government to instead list it for debate behind ...

Super must come together over cybercrime

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
The oversight body of the Superannuation Transaction Network is calling on super funds to work together to thwart the threat of cybercrime. Addressing the Association of Super Funds of Australia, GNGB executive officer Michelle Bower has urged the super ...

Revenues lift 30% at Xero

ALLY SELBY  |  THURSDAY, 14 MAY 2020
Accounting software company Xero has seen its full year earnings to March 31 lift 30% to $718.2 million, as financial advisers and accountants shift to digital solutions to run their businesses. Xero's net profit rose to $3.3 million; a $30.5 million ...

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... yesterday's gains. Stocks that led the charge on Monday are now bleeding red. So were Aussie investors, hopeful of a swift economic recovery, just clutching at straws? With the government announcing a plan to ease restrictions, investor sentiment ...

IOOF sees surge in FUM

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... surge in demand for financial advice and information. "Clients are naturally concerned, and somewhat overwhelmed with the swift changes that have taken place," Mota said. "Guided by financial advisers, they seem to be taking a pragmatic and long-term ...

Worse than the Great Depression: IMF

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
The International Monetary Fund has predicted Australia's GDP will be -6.7% this year due to the effects of COVID-19. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the pandemic has resulted in a collapse ...